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Tag Archives: Corruption

Again, lessons from other lands

dasuki

If truly Nigeria wants to learn about how to deal with corruption, the country is not short of examples, at least from other lands. Indeed, there is a surfeit of such examples. That corruption remains a festering sore in Nigeria merely shows the lip-service being paid to the cankerworm by …

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Whistle blower: Garba Shehu commends patriotism of Nigerians

The Presidency has commenced efforts to strengthen the mechanism of the Whistle blower policy following breakthroughs in the war against corruption and unaccounted wealth. The Senior Special Assistant to the President on Media and Publicity, Malam Garba Shehu, confirmed this development to State House correspondents on Wednesday in Abuja. He noted …

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Malabu Oil Scandal: Jonathan must have gotten $200 million, middleman tells FBI

Former President Goodluck Jonathan probably received as much as $200 million to approve the controversial $1.3 billion sale of OPL 245 oil field, Italian prosecutors said in court documents. The documents, which were extracts of a thorough investigation by Italian authorities into the deal, also confirmed that Shell and ENI …

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What Shell CEO told colleague about $1.3 billion Malabu Oil scandal

The boss of one of the world’s biggest corporations was placed under secret surveillance as part of a pan-European corruption investigation into the way the firm paid $1.3 billion for an oil block in Nigeria, explosive documents leaked to Finance Uncovered reveal. The leak includes a recording of a wiretapped …

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Court Remands UCTH’S Thomas. U. Agan, Four Others In Prison For Alleged N85m Scam

Justice I. E. Ekwo of the Federal High Court sitting in Calabar, Cross Rivers State has remanded the Chief Medical Director of University of Calabar Teaching Hospital, Professor Thomas. U. Agan, two other staff of the University and promoters of two companies in prison custody. This is following their arraignment on …

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Flynn Did Not Disclose Income From Russian Companies – White House

Michael Flynn, President Donald Trump’s former national security adviser, failed to disclose payments from a Russian television network and a second firm linked to Russia in a February financial disclosure form, according to documents released by the White House on Saturday. In a financial disclosure form signed by Flynn on …

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No law stops Magu’s renomination- Prof Sagay

EFCC Chairman Magu Disowns Akpabio

REACTIONS yesterday trailed Senate’s rejection of Economic and Financial Crimes Commission (EFCC) Acting Chairman Ibrahim Magu as the agency’s substantive chair. The Upper Chamber’s action came exactly three months after it declined to confirm Presidency’s preferred nominee for the EFCC top job. It hinged its action on a Department of …

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Malabu Scandal: Court ruling on Shell, Eni’s bid to take over OPL 245 stalled

eni-petrol-station

Ruling on two applications seeking the return of OPL 245 to two multinational oil companies, Shell and ENI, has again been adjourned, following a fresh application on the matter. The oil firms, through their Nigerian subsidiaries, had challenged the propriety of the Nigerian government withdrawing the oil block from them, …

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Dasuki-gate: How 5 firms were used to divert 36.8bn

dasuki

The Economic and Financial Crimes Commission, EFCC, yesterday, narrated before the Federal High Court in Abuja, how Colonel Nicholas Ashinze, who was special assistant to the detained National Security Adviser, NSA, Col. Sambo Dasuki (retd), used five companies to divert public funds to the tune of N36.8 billion. The anti-graft …

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#Dasuki-gate: Metuh Knows Fate February 23

Olisah metuh

#Dasuki-gate; Olisa Metuh, a former spokesperson of the Peoples Democratic Party, PDP, will know his fate on February 23, 2017 as to whether the Federal High Court Abuja, will release his international passport for him to seek medical attention outside of the country. Metuh, who is standing trial along with Destra Investment Limited on …

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$16m Debt; Court Freezes Stella Oduah’s Accounts

Stella Oduah

The Federal High Court in Lagos on Wednesday restrained Senator Stella Oduah, along with Sea Petroleum and Gas Company Limited and its directors, from making any withdrawals from the account of the company. The order is in connection with an issue before the court of their indebtedness of over $16.4 million …

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Ozekhome urges court to defreeze his account

Mike-Ozekhome

Chief Mike Ozekhome, a Lagos-based lawyer and Rights activist, has asked a Federal High Court in Lagos to vacate an interim order freezing his account. Justice Abdulazeez Anka, had on Feb. 7, ordered a temporary forfeiture of N75 million found in Ozekhome’s Guarantee Trust Bank account. The order followed an …

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Nigeria to expand treasury single account coverage – Minister

Kemi-Adeosun, Finance Minister

The Minister of Finance, Kemi Adeosun, on Tuesday said the Federal Government was determined to expand the coverage of the Treasury Single Account (TSA) to cover more agencies in 2017. Speaking in Abuja at the opening of a two-day retreat on the TSA, the Minister, who described the implementation of …

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Paris Loan Refund: governors threaten war with Magu

nigeria-governors-forum

Paris Loan Refund:  Governors of Nigeria’s 36 states have threatened to declare war on the Acting Chairman of the Economic and Financial Crimes Commission (EFCC), Ibrahim Magu, over what they described as “unwarranted attack on the Nigeria Governors’ Forum, its officials and associated entities,” presidency officials familiar with the matter …

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EFCC Arraigns FUTA Vice Chancellor, Bursar Over Misappropriation Of Funds

FUTA VC, Prof. Gregory Daramola (right) and Burser, Oresegun arriving the court premises on Tuesday in Akure

The Economic and Financial Crimes Commission (EFCC) on Tuesday arraigned the embattled Vice Chancellor of the Federal University of Technology Akure (FUTA), Adebiyi Daramola, and the Bursar, Emmanuel Oresegun before an Ondo State High Court sitting in Akure. Both Mr. Daramola and Mr. Oresegun were escorted to court by EFCC …

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